Label Corp

question 59

Multiple Choice

Label Corp. recorded sales of $2,235,245 for the most recent year. The company's breakeven sales point (in dollars) is $1,650,000, and its margin of safety ratio (MOS%) at the current sales level is 27%. What sales (in dollars) would be needed to increase the company's MOS% to 38%?

• A) $2,277,000.
• B) $2,661,290.
• C) $2,932,640.
• D) $3,024,050.

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Definitions:

Code Reuse

The practice in software development of using existing code for a new function or a different purpose to increase productivity and improve quality.

Super Class

In object-oriented programming, the class from which a subclass inherits properties and methods.

Base Class

A base class, also known as a superclass, is a class that is being inherited from by another class (subclass).

Derived Class

A class that inherits properties and behavior from another class, referred to as the base class.